Business
Corteva Announces Executive Leadership Team of its Future Advanced Seed and Genetics Company
Corteva Inc. (NYSE: CTVA) announced today the executive leadership team that will lead "SpinCo," the publicly-traded, advanced seed and genetics company resulting from the current company's planned separation in the fourth quarter of 2026.
About this update from Corteva, Inc.
[{"type":"text","content":"INDIANAPOLIS, April 14, 2026 /PRNewswire/ -- Corteva Inc. (NYSE: CTVA) announced today the executive leadership team that will lead "SpinCo," the publicly-traded, advanced seed and genetics company resulting from the current company's planned separation in the fourth quarter of 2026.","length":303,"tagName":"p"},{"type":"image","alt":"(PRNewsfoto/Corteva Agriscience)","displaySize":"","headline":null,"caption":"(PRNewsfoto/Corteva Agriscience)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":86,"url":"https://media.zenfs.com/en/prnewswire.com/17082157f3751ae918c1fe80c769eee8"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/SfdPEdOgR7ia4hJxtyPjwg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTE1Mg--/https://media.zenfs.com/en/prnewswire.com/17082157f3751ae918c1fe80c769eee8","width":400,"height":86}},"href":"https://mma.prnewswire.com/media/880919/Corteva_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"The SpinCo innovation engine will be anchored in the agriculture industry's most elite germplasm and transformative biotech. The company will leverage its next generation scientific expertise in disciplines like gene editing and molecular breeding to further strengthen its core business while exploring opportunities to expand to new row crops – and potentially beyond. SpinCo will scale these innovations using its leading routes-to-market and by significantly expanding its licensing business.","length":505,"tagName":"p"},{"type":"text","content":""I have every confidence that this new leadership team comprises a team that will deliver durable growth to drive our new company's success," said Corteva CEO Chuck Magro, who will become the SpinCo CEO at separation. "And that success will be anchored in innovation that helps farmers grow more food – and fuel – underpinned by sustained investment in advanced technology, expanding our opportunity for impact, potentially even beyond row crops."","length":471,"tagName":"p"},{"type":"text","content":"The SpinCo executive leadership team will assume their roles at separation, which is on track for the fourth quarter of 2026. As follows:","length":137,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"David Johnson will be SpinCo chief financial officer.","length":53,...